What techniques can be used to analyse energy data Examine t

What techniques can be used to analyse energy data? Examine the following table and determine the relationship between production and energy.

What techniques can be used to analyse energy data? Examine the following table and determine the relationship between production and energy.

Period

Driver

Energy

Weeks

Tonnes

kWh

1

150

140 726

2

80

103 223

3

60

    90 764

4

50

    87 567

5

170

146 600

6

180

154 773

7

120

121 575

8

40

    81 436

9

110

115 586

10

90

105 909

What techniques can be used to analyse energy data? Examine the following table and determine the relationship between production and energy. Period Driver Energy Weeks Tonnes kWh 1 150 140 726 2 80 103 223 3 60     90 764 4 50     87 567 5 170 146 600 6 180 154 773 7 120 121 575 8 40     81 436 9 110 115 586 10 90 105 909

Solution

Weeks Tonnes kWh 1 150 140726 2 80 103223 3 60 90764 4 50 87567 5 170 146600 6 180 154773 7 120 121575 8 40 81436 9 110 115586 10 90 105909 We can analyse the energy data using regression techniques . Please follow the following steps under STATA STEP 1: Copy the data into STATA uslng copy paste. First write command ed Now write the following commands tsset week reg Tonnes Energy This will give you how the two are related . Another thing that you can do is draw the scatter diagram using commang scatter Tonnes Energy From the regression the results are Tonnes = -116.201+0.00192Energy